Q: Is it permissible for me to lend someone money as a personal and ask for a profit in return. (The money will be used for business - I am not asking for a profit from the business).
The profit on the loan is fixed at 10% per annum. Then another 10% is added to the outstanding balance at the end of each year until fully paid. The term is fixed for 6 months to repay the loan.
Q: My brother is living in Saudi Arabia and I want to purchase a house in Pakistan. For that I need a loan from my brother of 75000 PKR per month from 2015 to 2018. The total amount he paid to me in this period is 2,400,000 PKR. Now in July 2023, he sent me the loan details which is extactly what I took from him but in addition that he wants all his money in Saudi Riyals as he sent this money from Saudi Arabia. Please guide me on this.
Q: My brother has a crush plant business in Liberia (West Africa). The country is corrupt to the core and there are multinational companies there working in the construction sector. They need crush material but the fact is that management in these companies is of local population and mostly corrupt. They say if you want us to buy crush from you then you have to decrease the rate per load and then adjust this as a personal commision to us.
Lets say if 1 load is of 600, they say we'll buy it from you for 550 but in documents i.e, qoutations to company you'll write the rate as 600. So the company gets 1 load of 600 and my brother gets 600, from which he has to give 50 per load to management unofficialy as a commission.
Is it permitted as it is nearly impossible to get any contract with out this. The company gets no loss or money damage from this nor any other individual except my brother himself. He has to sell the item of 600 to 550 and give extra 50 to management to pursue the contract.
Q: If I invest with following conditions with a company then is it permissible in Islam:- I buy 2 square feet of an apartment from a company in 3 lacs (apartment is part of a building which is not constructed yet however as assured by the company; its area has been bought, plans etc approved from UAE government as well, work to be started soon). Ownership of 2 square feet is given to me. I give this area on rent to the same company with mutual agreement. The rent is fixed at 48 thousands.
Q: I sell clothing, shoes and bags as a way to earn an income. I advertise items, get orders, the customer pays then I buy the stuff from the supplier and send it to the customer. My profit is maximum 30%. I would like to know if what I am doing is permissible?
Q: Kindly advise if it is permissable to give money which was earned through interest to another person who seeks help to settle his loan with the bank?
Q: My father borrows money from one of his friend in Pakistani rupees 2 Lac which was approximately 1235$ but at that time I was not in a condition to clear his debit and I take the responsibility to clear my father's due after some time. Now I'm stable to clear my father's due but now the price-hike of every thing. Should I pay my father's due according to pakistani rupees or $. My father too the money in Pakistani rupees.
Q: I went to a jeweller with some items of old gold jewellery to to get new jewellery. He gave me 2 options:
1. He melts the old jewellery and makes new ones and I pay him for his labour.
2. If there is some piece of jewellery which I like, we can swop the both.
I told him give me some time to decide. In the meantime, he sent me a picture of an item which was also gold which I liked, so I told him to please keep it for me and I will come to his office and we'll make the deal.
When I finally go there, he informs me that in order to keep that item for me, he had to swop my jewellery for it. This was done without first asking me and without my permission. So now my jewellery is gone and he tells me I must take the new item. I asked him regarding the difference in weights of the two as both were gold. His reply was "the difference was very small, don't worry about it".
My problem is that I understand that him doing that straight swop was not permissible according to shariah as gold for gold must be exact and even a "small difference" is not permissible. But now my jewellery is gone and cannot be retrieved, and I'm left with no option but to take this new item. What do I do in this situation? Will I be sinful for taking this item knowing that he got it through a riba transaction? And if I don't take it, I will lose out as he wouldn't pay me for my gold.
Also, with regard to the difference in the weights, I don't even know which was more or less as he wouldn't tell me clearly (although it seems to me that mine was the more).
Q: My cousin use to work in a bank. His job is in CAD department that verify's that if the customer applying for the loan could pay back to the bank. And after verification, he shares his approval with the loan providers in the bank.
My question is, since I and my family has a very close relation with them and they sometime invite us for dinner, lunch at their home. Is it halaal for me to eat from them considering my cousin is the only earner in their home?
Q: I am doing online work. The process of this work is that they have websites where we can work. They have the process that first we have to choose the package. I have chosen a package of 1000 rupees. It is a silver package. I have to see ads daily. One ad for one day. 1 ad will give me 60 rupees. This package is valid for 30 days. I will make 1800 rupees from there by watching ads daily on this website. After a month I can withdraw this amount in my easy paisa account. They cut out some service charges and give me 1700 or something. So I wanna know that if this money is halal for me or haram?